November 3rd, 2009, 09:22 AM
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 | MHF Contributor | | Join Date: Dec 2008 Location: South Coast of England
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Hello niceyo2002
Welcome to Math Help Forum! Quote:
Originally Posted by niceyo2002  Hi everyone. This is my question: An insurance policy costs $7.50 for every $1000 of insurance. At this same rate, how much would $170,000 of insurance cost? | How many $1000's are there in $170,000? This gives you the number of $7.50's the policy will cost.
The answer is that there are 170 $1000's in $170,000 (of course!). So the policy will cost 170 x $7.50 = $1275.
Grandad |
rate problem. Please help 
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